T-Box Development and Market in China

Navi Mumbai, India: Market Reports on China presents the report, on “Development and Market of T-Box in China 2016-2021”. This report provide readers with comprehensive and in-depth understanding of Chinese T-Box product industry

1.INTRODUCTION

T-Box is a type of vehicle-mounted terminal specifically customized for Haima Auotmobile. It transmits the vehicle information and position information to the background TSP Center via the built-in module. The TSP Center can real-time track the status of vehicles and provide relevant services according to the status of vehicles, such as vehicle abnormality alarm, vehicle track replay, etc. Besides traditional multimedia terminals, T-Box plays a very important role in the business of auto after-market.

The main players in T-box field consist of Huawei Technologies, Flaircomm Microelectronics, Thread Tech, etc., yet the rivalry is still mainly from foreign competitors such as Bosch, Continental, Harman, Denso and LG. Still about 95% of T-box market in China is to be developed because CANBUS protocol development is quite difficult. We expect that the detailed national rules and regulations will be issued at the end of 2016, and by then the rate of T-box pre-installations in new energy vehicle will be significantly improved, growing from less than 50% at present to close to 100% as estimated.

As the output of OEM terminals increases and market competition pricks up, both price and cost of T-box will decrease by degrees. predicts the penetration rate of pre-installations will be 30% in 2021 when Chinese T-box market size is believed to hit RMB8.19 billion.
1) The Aim of Report